Absa innovation gives SMEs better access to funding and support

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Absa innovation gives SMEs better access to funding and support
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SPONSORED | In an effort to boost SME’s in SA, AbsaSouthAfrica advisers will be on the field, visiting small businesses and talking to entrepreneurs to better understand their challenges.

The bank has developed mobile solutions to simplify point-of-sales and speed up funding applications and approvalAbsa has ramped up its offering to SA small businesses, giving them access to financial support. Picture: SUPPLIED/ABSA

The SME sector was hit hard throughout the various waves of the pandemic. This resulted in many small enterprises reducing business activity, laying off staff and some having to close their doors completely. Absa is ramping up its offering to its SME clients through innovation and value-added product offeringsCollaboration with experts in the digital space will be an important part of this commitment. The bank has already announced one such collaboration.

Mkhize says this initiative will grow the bank’s ability to help co-solve problems and help businesses to rebuild and grow.

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